82 FR 50871 - Agency Information Collection Activities: Announcement of Board Approval Under Delegated Authority and Submission to OMB

FEDERAL RESERVE SYSTEM

Federal Register Volume 82, Issue 211 (November 2, 2017)

Page Range		50871-50871
FR Document		2017-23861

The Board of Governors of the Federal Reserve System (Board) is adopting a proposal to extend for three years, without revision, the Notifications Related to Community Development and Public Welfare Investments of State Member Banks (FR H-6; OMB No. 7100-0278).

Federal Register, Volume 82 Issue 211 (Thursday, November 2, 2017)

[Federal Register Volume 82, Number 211 (Thursday, November 2, 2017)]
[Notices]
[Page 50871]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-23861]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Announcement of Board 
Approval Under Delegated Authority and Submission to OMB

AGENCY: Board of Governors of the Federal Reserve System.

SUMMARY: The Board of Governors of the Federal Reserve System (Board) 
is adopting a proposal to extend for three years, without revision, the 
Notifications Related to Community Development and Public Welfare 
Investments of State Member Banks (FR H-6; OMB No. 7100-0278).

FOR FURTHER INFORMATION CONTACT: Federal Reserve Board Clearance 
Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of 
Governors of the Federal Reserve System, Washington, DC 20551 (202) 
452-3829. Telecommunications Device for the Deaf (TDD) users may 
contact (202) 263-4869, Board of Governors of the Federal Reserve 
System, Washington, DC 20551.
    OMB Desk Officer--Shagufta Ahmed--Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 10235, 725 17th Street NW., Washington, DC 20503 
or by fax to (202) 395-6974.

SUPPLEMENTARY INFORMATION: On June 15, 1984, the Office of Management 
and Budget (OMB) delegated to the Board authority under the Paperwork 
Reduction Act (PRA) to approve of and assign OMB control numbers to 
collection of information requests and requirements conducted or 
sponsored by the Board. Board-approved collections of information are 
incorporated into the official OMB inventory of currently approved 
collections of information. Copies of the Paperwork Reduction Act 
Submission, supporting statements and approved collection of 
information instrument(s) are placed into OMB's public docket files. 
The Federal Reserve may not conduct or sponsor, and the respondent is 
not required to respond to, an information collection that has been 
extended, revised, or implemented on or after October 1, 1995, unless 
it displays a currently valid OMB control number.
    Final approval under OMB delegated authority of the extension for 
three years, without revision, of the following report:
    Report title: Notifications Related to Community Development and 
Public Welfare Investments of State Member Banks.
    Agency form number: FR H-6.
    OMB control number: 7100-0278.
    Frequency: Event-generated.
    Respondents: State member banks.
    Estimated number of respondents: Post Notification, 20; Application 
(Prior Approval), 71; and Extension of divestiture period, 1.
    Estimated average hours per response: Post Notification, 2 hours; 
Application (Prior Approval) 5 hours; and Extension of divestiture 
period, 5 hours.
    Estimated annual burden hours: Post Notification, 40 hours; 
Application (Prior Approval) 355 hours; and Extension of divestiture 
period, 5 hours.
    General description of report: The Board's Legal Division has 
determined that the public welfare investment notice, request for 
approval, and request for extension of the divestiture period are 
authorized by the Federal Reserve Act, (12 U.S.C. 338a), and by the 
Board's Regulation H, (12 CFR 208.22). The obligation of state member 
banks to make public welfare investments under both the Reserve Bank 
post-notice and the Board's prior approval procedure is mandatory. The 
request for extension of the divestiture period is required to obtain a 
benefit. Individual respondent data generally are not regarded as 
confidential. However, a bank that submits confidential proprietary 
information may request confidential treatment of that information 
pursuant to section (b)(4) of the Freedom of Information Act (FOIA) (5 
U.S.C. 552(b)(4)). Such a determination would be made on a case-by-case 
basis in response to a specific request for disclosure. If examination 
ratings are included in a submission, those will be considered 
confidential under exemption 8 of the FOIA, (5 U.S.C. 552(b)(8)).
    Consultation outside the agency: Given that most community 
development entities obtain funding from a variety of local and 
regional financial institutions, Board staff consults with other 
agencies' staff to discuss applications relating to such investments, 
as appropriate.
    Current actions: On August 11, 2017, the Board published a notice 
in the Federal Register (82 FR 37589) requesting public comment for 60 
days on the proposal to extend, without revision, the FR H-6. The 
comment period for this notice expired on October 10, 2017. The Board 
did not receive any comments. The information collection will be 
extended as proposed.

    Board of Governors of the Federal Reserve System, October 30, 
2017.
Ann E. Misback,
Secretary of the Board.
[FR Doc. 2017-23861 Filed 11-1-17; 8:45 am]
 BILLING CODE 6210-01-P

Federal Register / Vol. 82, No. 211 / Thursday, November 2, 2017 / Notices 50871

Reserve Bank indicated. The notices Governors of the Federal Reserve Act, (12 U.S.C. 338a), and by the Board’s
also will be available for inspection at System, Washington, DC 20551 (202) Regulation H, (12 CFR 208.22). The
the offices of the Board of Governors. 452–3829. Telecommunications Device obligation of state member banks to
Interested persons may express their for the Deaf (TDD) users may contact make public welfare investments under
views in writing to the Reserve Bank (202) 263–4869, Board of Governors of both the Reserve Bank post-notice and
indicated for that notice or to the offices the Federal Reserve System, the Board’s prior approval procedure is
of the Board of Governors. Comments Washington, DC 20551. mandatory. The request for extension of
must be received not later than OMB Desk Officer—Shagufta the divestiture period is required to
November 16, 2017. Ahmed—Office of Information and obtain a benefit. Individual respondent
A. Federal Reserve Bank of Atlanta Regulatory Affairs, Office of data generally are not regarded as
(Kathryn Haney, Director of Management and Budget, New confidential. However, a bank that
Applications) 1000 Peachtree Street NE., Executive Office Building, Room 10235, submits confidential proprietary
Atlanta, Georgia 30309. Comments can 725 17th Street NW., Washington, DC information may request confidential
also be sent electronically to 20503 or by fax to (202) 395–6974. treatment of that information pursuant
Applications.Comments@atl.frb.org: SUPPLEMENTARY INFORMATION: On June to section (b)(4) of the Freedom of
1. Gregory W. Griffith, Silver Spring, 15, 1984, the Office of Management and Information Act (FOIA) (5 U.S.C.
Maryland; Beverly Franklin Hales, Budget (OMB) delegated to the Board 552(b)(4)). Such a determination would
Peachtree City, Georgia; Ethel Stephanie authority under the Paperwork be made on a case-by-case basis in
Stuckey Benfield, Atlanta, Georgia; Reduction Act (PRA) to approve of and response to a specific request for
Russell D. Franklin, Tallahassee, assign OMB control numbers to disclosure. If examination ratings are
Florida; Jay Gould Stuckey, Los Angeles, collection of information requests and included in a submission, those will be
California; Scott M. Stuckey, Los requirements conducted or sponsored considered confidential under
Angeles, California; Marietta Bryson by the Board. Board-approved exemption 8 of the FOIA, (5 U.S.C.
Stuckey, Augusta, Georgia; W. S. collections of information are 552(b)(8)).
Stuckey IV, Augusta, Georgia; James Consultation outside the agency:
incorporated into the official OMB
Austin Putnam, Eastman, Georgia; Given that most community
inventory of currently approved
Williamson Elliott Putnam, Eastman, development entities obtain funding
collections of information. Copies of the
Georgia; Christine, S. Boland, from a variety of local and regional
Paperwork Reduction Act Submission, financial institutions, Board staff
Washington, DC; Michelle S. Stuckey, supporting statements and approved
Atlanta, Georgia; Andrew Stuckey, consults with other agencies’ staff to
collection of information instrument(s) discuss applications relating to such
Brookline, Massachusetts; Todd are placed into OMB’s public docket
Giddens as Trustee of the LSF Family investments, as appropriate.
files. The Federal Reserve may not Current actions: On August 11, 2017,
Trust, Dublin, Georgia, and Gregory W. conduct or sponsor, and the respondent the Board published a notice in the
Griffith as Trustee of the WSS Family is not required to respond to, an Federal Register (82 FR 37589)
Trust, Silver Spring, Maryland; to retain information collection that has been requesting public comment for 60 days
voting shares of Citizens Corporation, extended, revised, or implemented on or on the proposal to extend, without
and thereby retain shares of, Citizens after October 1, 1995, unless it displays revision, the FR H–6. The comment
Bank & Trust Company, both of a currently valid OMB control number. period for this notice expired on
Eastman, Georgia. Final approval under OMB delegated October 10, 2017. The Board did not
Board of Governors of the Federal Reserve authority of the extension for three receive any comments. The information
System, October 27, 2017. years, without revision, of the following collection will be extended as proposed.
Ann E. Misback, report:
Board of Governors of the Federal Reserve
Secretary of the Board. Report title: Notifications Related to System, October 30, 2017.
[FR Doc. 2017–23823 Filed 11–1–17; 8:45 am] Community Development and Public
Ann E. Misback,
BILLING CODE P
Welfare Investments of State Member
Secretary of the Board.
Banks.
Agency form number: FR H–6. [FR Doc. 2017–23861 Filed 11–1–17; 8:45 am]

FEDERAL RESERVE SYSTEM OMB control number: 7100–0278. BILLING CODE 6210–01–P

Frequency: Event-generated.
Agency Information Collection Respondents: State member banks.
Activities: Announcement of Board Estimated number of respondents: FEDERAL TRADE COMMISSION
Approval Under Delegated Authority Post Notification, 20; Application (Prior
and Submission to OMB Approval), 71; and Extension of Privacy Act of 1974; System of
divestiture period, 1. Records Notices
AGENCY: Board of Governors of the Estimated average hours per response: AGENCY: Federal Trade Commission
Federal Reserve System. Post Notification, 2 hours; Application (FTC).
SUMMARY: The Board of Governors of the (Prior Approval) 5 hours; and Extension ACTION:Notice of revised Privacy Act
Federal Reserve System (Board) is of divestiture period, 5 hours. system notices.
adopting a proposal to extend for three Estimated annual burden hours: Post
years, without revision, the SUMMARY: The FTC is making technical
asabaliauskas on DSKBBXCHB2PROD with NOTICES

Notification, 40 hours; Application
Notifications Related to Community (Prior Approval) 355 hours; and revisions to several of the notices that it
Development and Public Welfare Extension of divestiture period, 5 hours. is required to publish under the Privacy
Investments of State Member Banks (FR General description of report: The Act of 1974 to describe its systems of
H–6; OMB No. 7100–0278). Board’s Legal Division has determined records. This action is intended to make
FOR FURTHER INFORMATION CONTACT: that the public welfare investment these notices clearer, more accurate, and
Federal Reserve Board Clearance notice, request for approval, and request up-to-date.
Officer—Nuha Elmaghrabi—Office of for extension of the divestiture period DATES: This notice shall become final
the Chief Data Officer, Board of are authorized by the Federal Reserve and effective on November 2, 2017.

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Document Created: 2017-11-02 02:41:20
Document Modified: 2017-11-02 02:41:20

Category		Regulatory Information
Collection		Federal Register
sudoc Class		AE 2.7: GS 4.107: AE 2.106:
Publisher		Office of the Federal Register, National Archives and Records Administration
Section		Notices
Action		On August 11, 2017, the Board published a notice in the Federal Register (82 FR 37589) requesting public comment for 60 days on the proposal to extend, without revision, the FR H-6. The comment period for this notice expired on October 10, 2017. The Board did not receive any comments. The information collection will be extended as proposed.
Contact		Federal Reserve Board Clearance Officer--Nuha Elmaghrabi--Office of the Chief Data Officer, Board of Governors of the Federal Reserve System, Washington, DC 20551 (202) 452-3829. Telecommunications Device for the Deaf (TDD) users may contact (202) 263-4869, Board of Governors of the Federal Reserve System, Washington, DC 20551.
FR Citation		82 FR 50871